Gov. Godwin Obaseki of Edo on Friday assented to the 2020 Appropriation Bill of N179.2 billion of the state.
Speaking at the ceremony at Government House in Benin, Obaseki said he was hopeful of implementing the budget fully.
“It is a budget that I hope and expect will have a performance of not less than 90 per cent.
“We have gone through all the assumptions and have moderated our expectations. It is quite less than what we appropriated in 2019.
“We cannot deceive our people; we have reviewed our macro economic situation and determined that what should be appropriated for 2020 should be close to what we will generate,” he said.
The governor commended the House for ensuring that the budget was signed into law before Dec. 15, a feat he described as historic in the state.
Presenting the bill, the Speaker, Edo House of Assembly, Mr Francis Okiye, said the budget presented to the House was slightly increased by 0.09 per cent which was about N1.6 billion.
Okiye gave the breakdown of the budget as N86,539,289,300 recurrent expenditure and N92,673,522,750 capital expenditure.
“The House looked at the governor’s programmes for 2020 and decided to increase the appropriation.
“We believe that putting this budget to work, Edo will have a new look and a new song under the Obaseki administration,” he said.
The 2019 Appropriation Act had a figure of N183. 7 billion, while the 2020 Appropriation bill was presented to the House on Nov. 13.

1 min.Read
Gov. Obaseki signs N179.2bn Appropriation Bill for Edo
Hot this week
News
FCTA Appoints Sabanti Nathan Acting Head of Service
By Joyce Remi-Babayeju
Mrs. Nancy Sabanti Nathan, has been appointed...
News
Ndigbo Leaders Seek Unity, Demand More Federal Projects, Back Anioma State
By Anne Azuka
Igbo leaders and socio-cultural groups have called...
News
A’ibom: Police nab Monarch for attempted murder,nab two cable vandals
By Ogenyi Ogenyi, Uyo
The Police in Akwa Ibom has...
News
Atissa Youth Council Urges NDDC to Rescue Famgbe, Obogoro from Erosion
By Amgbare Ekaunkumo, Yenagoa
Two historic communities in Bayelsa State,...
News
NCPC To Commence 2025 Easter Pilgrimage Exercise To Israel, Jordan
By Joyce Remi-Babayeju
The Nigerian Christian Pilgrim Commission, NCPC, is...
Topics
- Agriculture
- Arts
- BBNaija Updates
- Book Review
- Business and Economy
- China
- Columnists
- Coronavirus
- Crime
- Culture
- Dating
- Defence/Security
- Economy
- Editorial
- Education
- Encounter
- Energy
- Entertainment
- Environment
- Fashion
- Fashion & Style
- Featured
- Features
- Foreign News
- Headlines
- Health
- House of Representatives
- Inspiration
- Interview
- Judiciary
- Lifestyle
- Magazine
- Metro
- Money
- News
- Nigerian Newspapers
- Opinion
- parliamentary
- Personality
- Poetry
- Politics
- Press Release
- Red Dragon
- Relationship
- Religion
- Science and Technology
- security
- Skincare
- Sports
- Style
- Tech
- Travel
- Weather
More
News
Atissa Youth Council Urges NDDC to Rescue Famgbe, Obogoro from Erosion
By Amgbare Ekaunkumo, Yenagoa
Two historic communities in Bayelsa State,...
News
Sokoto-Badagry Superhighway to Boost Trade, Regional Integration
By Muhammad Ibrahim, Sokoto
The Sokoto-Badagry Superhighway project, a major...
Opinion
The 22 Sins of El-Rufai in Kaduna, Nigerians Won’t Forget Soon – Civic Group
By Our Correspondent
A Kaduna-based civic group, the Kaduna Leadership...
News
Gov Ododo Condemns Egbe Bandits’ Attack, Vows Justice for Fallen Heroes
By Noah Ocheni, Lokoja
Kogi State Governor, Alhaji Ahmed Usman...
News
FG Goes Digital To Ensure Drug Availability In Hospitals
By Joyce Remi-Babayeju
The federal government has gone digital to...
News
FCTA Drags 15 Persons to Court Over Illegal Construction at River Park Estate
By Joyce Remi-Babayeju
As a sequel to the demolition of...
News
Troops kill wanted bandit Babangida in Kogi gun duel
By Noah Ocheni, Lokoja
Troops of the 12 Brigade, Nigerian...
News
Army Captain Arraigned for Killing Terrorists’ Informant – Birnin-Gwari Vanguard Raises Concern
By Achadu Gabriel, Kaduna
The Birnin-Gwari Vanguard for Security and...
Related Articles
Popular Categories